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Re: PinkyKing10 post# 47026

Thursday, 07/20/2017 2:37:23 PM

Thursday, July 20, 2017 2:37:23 PM

Post# of 64600
2.6 million in debt.... Check out the actual cash flow statements. For convertible notes... they are written off as debt. Actual cash flow was closer to -500K for the year. (Less than 50K/month). This number has only improved with Burke taking a lower salary and many of the overhead expenses being cut like offices and other people on the team.

Between decreasing total debt, decreasing overhead expenses and improving overall cashflow, they have gotten a product to Beta with multiple partnered dispensaries. Not bad.

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